The thunder starts, the lightening strikes, and the rain starts pouring. You hear a loud crash. When you look outside you notice your neighbor’s tree has fallen onto your garage. The first thing that crosses your mind is who is going to pay for this? Does your insurance cover it or does your neighbors? And what type of insurance policy would a person send a claim to?
This issue would fall under homeowners insurance policies. This type of insurance covers the structure of your home, replacement costs, personal possessions, living expenses in case of a disaster, and liability. You can also add supplemental policies such as: valuable articles/ floater policies (ex. jewelry insurance), CA Flood Insurance policies, earthquake policies, umbrella policies, and animal liability. This type of incident would fall under the category of damage to structure of your home. You may think that since the tree was on your neighbors property that if would be their responsibility to pay to fix your garage. This is not the case. But it is not your neighbors fault the tree fell on your garage, it was the storm. Therefor the insurance companies consider this a random accident meaning the only way to have the repairs to your garage be covered by insurance is to file a claim to your own homeowners policy.
If you don’t have homeowners, it is something to seriously consider. Whether it be your mortgage company requiring your to have homeowners insurance or something you decide is important to have it is a necessity. John E. Peakes Insurance Agency knows that ever home owner’s needs are different and your home insurance policy should be tailored to your personal needs. Our agents will create a policy that will best suit your and your family. Contact us today to find our more about what home insurance policy is best for you!
